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Topic: Microstrategy Buy more Bitcoin (Read 365 times)

member
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We All Can Make It
December 02, 2021, 11:17:39 PM
#60
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
Microstrategy and other whales will make a public announcement when they bought Bitcoin but I hardly ever hear about them selling so for me I just see it as market manipulation. So any small investor should be very careful in following their lead. If you are going to buy Bitcoin, buy it at a convenient price for you and don't FOMO.
hero member
Activity: 2828
Merit: 518
December 02, 2021, 05:27:21 PM
#59
Every time you panic sell, whales like Saylor are gobbling up cheap coins. There will be loads of institutions & individuals like Saylor buying but remaining quiet, probably OTC buys. The smart money knows bitcoin is tye future. Don’t get shaken out, be patient.
Bitcoin gains massive interest from the rich people as they believe that this could give them more profit than being on the stock market. At this time, we can't just simply ignore Bitcoin. That amazing growth gives a reason why these people will get curious and finally decide to invest more. Indeed, many institutions and known companies are already in the community taking advantage of the market while the prices are still cheap and while these weak hands are still selling.
legendary
Activity: 2338
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zknodes.org
December 02, 2021, 04:55:20 PM
#58
~snip~

It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.
Outside can, happy and worried. If they had unlimited funds they would continue to buy then they would certainly become a Whale. Whale-changer market conditions. I'm also concerned that if they hold most of the bitcoins it could change the decentralized nature to centralization, that's very dangerous.
But I hope it doesn't happen, they will certainly sell and buy again for a profit. But if later the price of bitcoin continues to rise then it is in accordance with economic law. And microstrategy is one of the factors that makes people's trust grow.
legendary
Activity: 3304
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#1 VIP Crypto Casino
December 02, 2021, 04:49:52 PM
#57
Every time you panic sell, whales like Saylor are gobbling up cheap coins. There will be loads of institutions & individuals like Saylor buying but remaining quiet, probably OTC buys. The smart money knows bitcoin is tye future. Don’t get shaken out, be patient.
hero member
Activity: 3038
Merit: 634
December 02, 2021, 04:48:51 PM
#56
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.

Currently and for the next few years at least what would they sell into? surely not
the thing they are avoiding by buying in the first place - FIAT.

Its been almost a year since Michael Saylor used the analogy of "The melting
ice block in the back yard" that block of Ice is still melting.
Well, we don't know when they shall take the profits not only for them but also for their investors.

It's essential for them to take profits but I think even if they do so, there's still going to be a lot of series of buys during the dip since it's like their main activity for now.

As they look to the market, there's a big reason for them to continue what they've started and it's profitable to them and gets a lot of margin every after dip.
hero member
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Top Crypto Casino
December 02, 2021, 02:05:04 PM
#55
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low caps but good fundamentals. Currently investing in metaverses like sand, mana, and gala, and also NFT gaming like AnRKey X.
It may look like a good signal but don't just jump into buying a dip you don't know how deeper it will become, the bitcoin market is a highly volatile one, and at that one need to take caution whenever the market change in other not to go into panic buying that only lead to loses in the future.
full member
Activity: 1358
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December 02, 2021, 11:11:19 AM
#54
Bitcoin is most popular coin and most valuable coin in crypto market. One of the best coin and number one coinmaket cap.Since 2009 to now bitcoin more development and day by day bitcoin price increase. Microstrategy is the biggest companies, They invest in bitcoin thats good news.
full member
Activity: 1414
Merit: 161
December 02, 2021, 10:34:41 AM
#53
Microstrategy is one of the companies that give big importance to Bitcoin as it seems. Because they are among the top countries that have made big amount of investments into Bitcoin. They are thinking about their profit of course and the main reason is that. But I think also that they like Bitcoin and the technology behind it also. They wouldn't have made this big investments if they didn't think that way about Bitcoin.
legendary
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December 02, 2021, 10:24:57 AM
#52
It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.

If we take into account the fact that the trading volume in the last 24 hours is more than $34 billion, it is really hardly worth mentioning. However, it should be taken into account that the volume through OTC may be even higher, although this is data that cannot be easily verified.

There is no doubt that people are buying, but also that these same people are selling - and that the amount of BTC available for daily trading is still significant. In addition, more than 2 million BTCs are available for mining, and no one is feeling the real shortage yet - there are few people like Saylor who buy and hold for the long term.
hero member
Activity: 2982
Merit: 610
December 02, 2021, 07:50:07 AM
#51
The micro strategy may be making the right decision at the wrong time, I don't support the idea of buying Bitcoin at every dip it may lead to bigger losses if the dip goes deeper than it was at the time of buying.
That will certainly give you losses if you sell them but if you just hold and wait until the moment it recovers back, you'll be in huge profit then. Perhaps, you don't even make any investment for loose purposes but rather to aim for gains. That I could say that they are right, though not really at its perfect time coz we don't even know when at least they look the market full of earning potentials than seeing negative. In fact, so many big companies and rich individuals are investing crypot now, it means that they foresee their fortune in here.
legendary
Activity: 2436
Merit: 1362
December 02, 2021, 04:27:56 AM
#50
Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position?

Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing...

In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.

Currently and for the next few years at least what would they sell into? surely not
the thing they are avoiding by buying in the first place - FIAT.

Its been almost a year since Michael Saylor used the analogy of "The melting
ice block in the back yard" that block of Ice is still melting.



It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.
member
Activity: 742
Merit: 12
Global peace initiative
December 02, 2021, 01:19:46 AM
#49
The micro strategy may be making the right decision at the wrong time, I don't support the idea of buying Bitcoin at every dip it may lead to bigger losses if the dip goes deeper than it was at the time of buying.
hero member
Activity: 2436
Merit: 877
December 02, 2021, 12:33:16 AM
#48
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

MicroStrategy is not a sort of whale but it is an institution and they have been accumulating the bitcoins on every correction. Their vision is far more clear than those of Tesla. If you see the bigger picture, you will realize that these small dumps of bitcoin will eventually reward those who stood strong and did not panic sell.
copper member
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Leading Crypto Sports Betting & Casino Platform
December 01, 2021, 10:40:47 PM
#47
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low mcaps but good fundamentals. Currently investing in metaverses like sand, mana and gala, and also NFT gaming like AnRKey X.

A whale buying does not mean its a good strategy. You might left empty handed if you buy after them once they take profit. Remember that there's a lot of big private investors out there that doing same trading as this institutional investors, The problem is they don't announce publicly there trading activity so they might dump on Microstrategy pump if they are already in profit from recent price fluctuations. It safe to buy when everyone is fear and don't buy if whales showing us a signal to buy because they are just doing it for there self interest not to let shrimp traders have profit.
jr. member
Activity: 125
Merit: 5
December 01, 2021, 10:34:15 PM
#46
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low mcaps but good fundamentals. Currently investing in metaverses like sand, mana and gala, and also NFT gaming like AnRKey X.
hero member
Activity: 3010
Merit: 629
December 01, 2021, 10:03:27 PM
#45
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
This is a wise move for a big company while the price is in dip. Whales are taking advantage the situation because they know holding bitcoin in the long run is profitable.

Its not surprising if other companies or big names on diiferent industries will follow. This is one of the reason now to think that even bearish market occur it wont last long because whales are doing something.

So buy while you have a chance and before bullish season takes place once again.
legendary
Activity: 3080
Merit: 1353
December 01, 2021, 07:31:25 PM
#44
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

That is exactly why I do think that the dip is not going to last. The reason behind it being the big companies eager to purchase and hold some bitcoins any moment they get a chance to. I am pretty sure it's not just micro strategy but other companies as well. Some might be hiding their investments and some might be thinking of making their move soon.

- That's the good thing about volatility and that's why it's important to have patience during the low.

The dip is already going and the value is already rising therefore we can already assume that people did take advantage of this opportunity. We are slowly reaching the high of 8th November and I do think that we might be hitting a new high soon.

It will still even if up at the end, more buyers=more sellers and we really don't know who the winners at the end unless we have a break out run this December.

But yeah, when the opportunity opens, El Salvador and Microstrategy are buying the dip and maybe that's why the price is now stabilizing. Hopefully as history tells us, December is a good month as we ramp up our bull run before the end of every year and hit a new all time high soon.
hero member
Activity: 3038
Merit: 634
December 01, 2021, 05:07:20 PM
#43
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position?

Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing...

In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.
legendary
Activity: 2968
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Crypto Swap Exchange
December 01, 2021, 03:41:11 PM
#42
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's worth noting that MicroStrategy began accumulating those when the market was already on the rise [October 1, 2021] and just continued doing it like they always do [in other words, a part of their recent investments, coincided with the bear market that we've been experiencing lately]!

  • On November 29, 2021, MicroStrategy Incorporated (the “Company”) announced that during the fourth quarter of the Company’s fiscal year to date (the period between October 1, 2021 and November 29, 2021), the Company purchased approximately 7,002 bitcoins for approximately $414.4 million in cash, at an average price of approximately $59,187 per bitcoin, inclusive of fees and expenses.
hero member
Activity: 1890
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December 01, 2021, 11:13:21 AM
#41
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

That is exactly why I do think that the dip is not going to last. The reason behind it being the big companies eager to purchase and hold some bitcoins any moment they get a chance to. I am pretty sure it's not just micro strategy but other companies as well. Some might be hiding their investments and some might be thinking of making their move soon.

- That's the good thing about volatility and that's why it's important to have patience during the low.

The dip is already going and the value is already rising therefore we can already assume that people did take advantage of this opportunity. We are slowly reaching the high of 8th November and I do think that we might be hitting a new high soon.
legendary
Activity: 2030
Merit: 1189
December 01, 2021, 09:20:27 AM
#40
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position?

Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing...

In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
full member
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SOL.BIOKRIPT.COM
December 01, 2021, 09:20:08 AM
#39
They know their game, they smell something big might happen again and for sure there would be profits from that dip. These folks are only getting more richer. I hope I have those skills in this Market too, knows when to buy and when to sell. And not just randomly buying whenever I feel like it.
full member
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Vave.com
December 01, 2021, 09:15:27 AM
#38
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

I think it's not surprising anymore because the micro strategy has done that many times already and that was their working strategy buying in the dip.  Just imagine micro strategy now is holding 120K+ bitcoin in their position and who knows that other companies were doing that also in private so we cannot ignore that idea because some of the mainstream investment companies are now on board with the cryptocurrency market, and I believe this kind of information will be more common in the years to come.
First, the news is really getting me warm once again. Its also a good news for crypto market that a well established company are continuously buying it on dip. It has really a astron evidence that btc will hit on the upcoming future. We all know rhat btc is a asset and alway giving us a good return. So that i think big companies are really getting interested to come here and invest on it. I hope so and it will be happen on the future.
hero member
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Looking for gigs
December 01, 2021, 07:56:42 AM
#37
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

Microstrategy knows how Bitcoin has huge potential in the long run. Even at the current price, they’ve managed to  buy a lot. Even the government of El Salvador had managed to buy a lot of BTC during the dip. I know that this is not going to be easy for institutions to adopt BTC, but we’re gonna take it one day at a time.
legendary
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December 01, 2021, 05:56:32 AM
#36
Also, I don't see why it's important news, to be honest.

The only importance of this news is that a little more time passed between this and the last investment than usual, more precisely the previous investment was 13.09.2021 - 5050 BTC (check @fillippone spreadsheet) + but there is also a difference where the money came from explained in this post.

Even if Microstrategy dropped their $3 billion  worth of BTC in one go, with trading volume of Bitcoin for the last 24 hours being almost $36 billion, how much of a difference would they have made? A short-term significant drop, perhaps, but it Bitcoin could easily recover from that in days.

I wouldn’t agree that it would only have a short-term effect, because it’s not just a matter of someone selling 50 000 BTC, but if MicroStrategy did it, it would create a real panic in the market at the moment it was made public. Of course, the market would recover, but not in a few days, because investor confidence would be quite shaken.
legendary
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December 01, 2021, 05:40:54 AM
#35
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
The article provided by DeathAngel mentions that they bought their bitcoins at $59k per coin. How exactly is it buying the dip? Also, I don't see why it's important news, to be honest. They already have tons of BTC, and it's not like they bought these in one go, which could affect the price. There are big stakeholders, it's not a secret. But since they don't have any interest in losing profits, they don't pose a threat to the market. Even if Microstrategy dropped their $3 billion  worth of BTC in one go, with trading volume of Bitcoin for the last 24 hours being almost $36 billion, how much of a difference would they have made? A short-term significant drop, perhaps, but it Bitcoin could easily recover from that in days.
legendary
Activity: 2436
Merit: 1362
December 01, 2021, 04:27:30 AM
#34
Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire.

I think they are still going to be in profits no matter what. I think the bear market is still far though, just imagine if the price hits $150k, just for the sake of argument and then goes down 50%-60% during a bear market, everyone is still going to make some profits if you bought in <$50k zone. So still win-win situation for this whales. Yeah, they might sold at sometime to make some profits, who doesn't?

According to Michael Saylor he is not going to be selling (whether we can believe that
is another thing).

We can take it that those 7,000 Bitcoin are off the market for the foreseeable future.

Regarding their strategy to buy the dips, they do that in line with being able to raise
capital, they can only buy with what liquidity they have at any one time. BTD, DCA.
sr. member
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December 01, 2021, 01:23:50 AM
#33
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

This time is really a great opportunity to buy coins because the prices are low, so you can buy more coins at a lesser value that could make you a huge profit once the market starts pumping again. Actually, this is one of the golden rules in crypto, "buy low, sell high". Whenever we have the opportunity to buy, let's grab it. Let's choose to look at the positive side whenever the market goes downhill. Let's utilize the low positions of coin right now before it starts to go skyrocket again. But of course, you should still do this carefully. Do not just impulsively buy coins that are in a dip, because not everything that has a low price right now is a good investment. Still do your own research to know if the coin you are planning to buy is worth the money. Do not be fearful whenever this kind of season happens because crypto always bounces back right after. Instead, buy the fear and sell the greed like what they say.
hero member
Activity: 2842
Merit: 772
November 30, 2021, 11:58:02 PM
#32
Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire.

I think they are still going to be in profits no matter what. I think the bear market is still far though, just imagine if the price hits $150k, just for the sake of argument and then goes down 50%-60% during a bear market, everyone is still going to make some profits if you bought in <$50k zone. So still win-win situation for this whales. Yeah, they might sold at sometime to make some profits, who doesn't?
hero member
Activity: 2170
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November 30, 2021, 11:14:10 PM
#31
If you only read the news without taking action to buy bitcoin while the price is at the dip, you will not make anything except regret in the future because you miss the chance to buy at the dip. Microstrategy can buy bitcoin in any amount and we should do the same thing as well, especially if we want to benefit from bitcoin. It is no surprise if a big company or the whales buys many bitcoin at once at the dip because they have a large amount of the money that they can use to buy bitcoin. What needs to be our concern is what we will do if we see the dip.

I will never doubt that big companies like Microstrategy will going to take advantage on the current price correction of bitcoin because aside from the fact that they have the  potential to acquire it as many as they can they also know already the big potential of this platform to give them a good return of investment when the price is pump. We could also do the same thing too, we can also take advantage the price correction and this is the best approach that we can do, even the smallest number we can have, having bitcoin is totally worth it.
legendary
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Signature space for rent
November 30, 2021, 11:06:49 PM
#30
Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.
No, I don't think they will regret it and will look stupid at all. If you notice the average bought price of Bitcoin that is currently held by Microstrategy then you will realize why am I saying that. On the other hand, they aren't like me and you. They could buy in every dip which will help them recover previously bought coin prices quickly. Do you think they are just holding? At least I am not believing them. They announce once they bought, but they will never announce upon selling. Whales always gainer because they could sell it for $70K and perhaps bought it in the $50K zone. Still, will you call them stupid? If they were stupid they shouldn't become a multi-billionaire.
hero member
Activity: 2632
Merit: 833
November 30, 2021, 07:29:50 PM
#29
Well, this company are going b@lls to the wall with their Bitcoin strategy, just look at this site https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations - The Chairman and CEO Michael Saylor reminds me a lot of the CEO Patrick Byrne from Overstock, because they are not afraid to go into uncharted territories and they are willing to take a risk.  Wink

I hope their strategy to buy the dip, will rub off on other similar companies in the financial sector, because most of these companies are stuck in the past with traditional investment options.  Roll Eyes

I think most CEO in the top companies are old and traditional dinosaurs who doesn't or afraid to go on unchartered territory. But you can't blame them, bitcoin is really volatile and in just a snap their companies might lost billions in a day and then this CEO's will have to explain it to the board, so everything is on the line.

But Michael Saylor is different, he might be a visionary and see's bitcoin as going to some places maybe in the next 5-10 years and it will grow massively that's why he is all in and very wise to buy during the dip.
hero member
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BTC to the MOON in 2019
November 30, 2021, 05:00:09 PM
#28
The thing is more and more whales are continuing to develop interest in cryptocurrency, so we should expect to be seeing more of investments coming from big institutions like Microstratetgy and the rest of them. This is why I am very positive that the price will be increasing. As long as we still have more bitcoins to mine, then there is still more levels to attain in prices.

So, it is advisable for investors to take advantage of this opportunity, especially those investors that has plans to Hodl for a long term. The price we have now will be small compared to what we will be seeing in the future. The market has this tendency of increasing whenever there is a halving, and we will be seeing another in a few years. So no investment now is a waste, because you will gain from it later on.
The fact that everyone is welcome in crypto, this never be surprising. They have the money, they know the potentials of Bitcoin, and that they can't ignore investing. The more of having big investors, the more it gains more demands, and the results are totally positive which I think that all we want to happen. 

I'd think now that Microstrategy will buy more once there are other corrections happen. Just like the other companies, they hold for the future purposes.
hero member
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Leading Crypto Sports Betting & Casino Platform
November 30, 2021, 04:41:04 PM
#27
The thing is more and more whales are continuing to develop interest in cryptocurrency, so we should expect to be seeing more of investments coming from big institutions like Microstratetgy and the rest of them. This is why I am very positive that the price will be increasing. As long as we still have more bitcoins to mine, then there is still more levels to attain in prices.

So, it is advisable for investors to take advantage of this opportunity, especially those investors that has plans to Hodl for a long term. The price we have now will be small compared to what we will be seeing in the future. The market has this tendency of increasing whenever there is a halving, and we will be seeing another in a few years. So no investment now is a waste, because you will gain from it later on.
hero member
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November 30, 2021, 04:31:43 PM
#26
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's not new if it's from Microstrategy.

They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip.

But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
Yes, good for them they are doing this since 2020, holding a total balance over 3,5$ billion dollars in bitcoin. Microstrategy adopted bitcoin as treasury reserve asset due to the irresponsible action of governments during the pandemic which intensified money printing to stimulate the economy artificially and to give emergency welfare packages to every citizens in need.

Knowing how fiat currencies are going to increase its devaluation process for that reason (the global traditional economy is messed up), bitcoin became an interesting option for protecting their funds on long run. And I believe Microstrategy will keep buying more bitcoins yet.
It's an asset that Microstrategy knows what they're buying.

And expect that there will be more batches of it that they should buy whenever they see the dip again. This is now going to be the signal of others that would follow them if it's time to buy.

But it's still better to have your own strategy when you should when the market is plunging.
newbie
Activity: 33
Merit: 0
November 30, 2021, 04:06:33 AM
#25
Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time.
Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.


Totally agreeing with you, you have some stable thinking.
hero member
Activity: 2604
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🐺Spinarium.com🐺 - iGaming casino
November 30, 2021, 03:31:25 AM
#24
If you only read the news without taking action to buy bitcoin while the price is at the dip, you will not make anything except regret in the future because you miss the chance to buy at the dip. Microstrategy can buy bitcoin in any amount and we should do the same thing as well, especially if we want to benefit from bitcoin. It is no surprise if a big company or the whales buys many bitcoin at once at the dip because they have a large amount of the money that they can use to buy bitcoin. What needs to be our concern is what we will do if we see the dip.
full member
Activity: 1820
Merit: 107
November 30, 2021, 01:59:37 AM
#23
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

I think it's not surprising anymore because the micro strategy has done that many times already and that was their working strategy buying in the dip.  Just imagine micro strategy now is holding 120K+ bitcoin in their position and who knows that other companies were doing that also in private so we cannot ignore that idea because some of the mainstream investment companies are now on board with the cryptocurrency market, and I believe this kind of information will be more common in the years to come.
full member
Activity: 1834
Merit: 166
November 30, 2021, 01:13:04 AM
#22
He is putting out more and more money into bitcoin and making huge profits out of it.He has already put quite good amount of btc on the company balance sheet and the best is they keep buying the dip gaining more.They have funds and money making more money is the best concept for them and they are carrying out the same for some time.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 30, 2021, 12:45:22 AM
#21
Well, this company are going b@lls to the wall with their Bitcoin strategy, just look at this site https://www.microstrategy.com/en/bitcoin/bitcoin-for-corporations - The Chairman and CEO Michael Saylor reminds me a lot of the CEO Patrick Byrne from Overstock, because they are not afraid to go into uncharted territories and they are willing to take a risk.  Wink

I hope their strategy to buy the dip, will rub off on other similar companies in the financial sector, because most of these companies are stuck in the past with traditional investment options.  Roll Eyes

hero member
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https://www.betcoin.ag
November 30, 2021, 12:38:44 AM
#20
News like this one doesn't surprise people in the crypto space anymore since they have been doing it since they saw the light. Even the president of El Salvador has become a maniac whale because he had already bought 100 more BTC for his country. I guess this country will be one of the big whales too in the future.

The users who did some DCA and continue to do so every time there is a dip are also the ones bolder enough to make thier fortune.
full member
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Hire Bitcointalk Camp. Manager @ r7promotions.com
November 30, 2021, 12:33:27 AM
#19
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
yeah, i saw this news going viral on twitter, after the president of el salvador (nayib) announced their country is buying bitcoin again, this time in good news it also comes from the CEO of Microstrategy.  Bitcoin price volatility will continue to attract investors to continue to make profits from bitcoin, lucky for those who have a lot of money and then buy bitcoin when it is dip.
full member
Activity: 630
Merit: 130
November 30, 2021, 12:19:54 AM
#18
For those who started when bitcoin was still at 25,000 like myself, its hard to decide when to buy as some are expecting cheaper value before giving in. Well what would we expect, as it is getting more famous, we will be experiencing a lot of these. Hodl on mates. It was a very interesting 3 years of observing the charts.
legendary
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
November 29, 2021, 11:51:55 PM
#17
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

Whales and institutes know the value of bitcoin and hence keep on accumulating on every dip. It is the retail who sell when they see bitcoin price dumping and whales are accumulating it. Also you can see that the reserves of bitcoin at exchanges are decreasing as people who are buying it, have no intention of selling it.
member
Activity: 119
Merit: 46
November 29, 2021, 11:49:18 PM
#16
While short trader's and panick seller's got panick and busy to sell their asset's Microstrategy get it in right hand.

 I remember I get sleep by watching it 53k dump I was expecting more dump but it's get pumped huge on sudden and boom when I get up its 57k .

That's why they are always winner. We should hold it not get panicked.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
November 29, 2021, 11:21:32 PM
#15
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
if they continue to purchase then we will all happy  Grin..

i stopped buying when bitcoin hit 50k again last month as i anticipate a dip but I'm wrong , now i am waiting for another below 50k
to purchase more covering my mistakes recently.

MicroStrategy keeps on counting the number. Once again this time with a big number. It keeps adding the bitcoin holding to its reserve, making use of every dip. Following this other corporate firms will also start doing the same. This isn't surprising as said, but it keeps doing big thing. Right now it holds about 0.58% of bitcoin's circulating supply. This makes them strong holder of Bitcoin. It has bought at an average price of $26769, and if the market price reaches $100k just think it's holding volume growth. This is just amazing.
hope that many whales do the same now till December .

so my dream 6 figures will finally broken this 2021 in which the bullying of all years.
sr. member
Activity: 2380
Merit: 366
November 29, 2021, 08:40:06 PM
#14
The whales are taking advantage of panic sellers and weak hands. Microstrategy now has more than 121,000 Bitcoin in its stash. And the way I look at it, Michael Saylor's Microstrategy doesn't have any plan to end buying the dip. There will definitely be more dips in the future and Microstrategy will probably be jumping on them.

For us who have only very little, let us not sell them to the whales. They've enough already. We should hold the little that we have close to our heart. We don't need whales.
legendary
Activity: 2506
Merit: 1394
November 29, 2021, 07:36:18 PM
#13
This is one of the best examples that Bitcoin will stay, one of the best examples for those people who hate or don't believe in Bitcoin or telling Bitcoin is a scam.
Microstrategy is a big company and they are serious about this, buying Bitcoin for their balance sheet.

For every dips, Michael Saylor (Microstrategy) keeps buying those Bitcoin who are being dumped.
sr. member
Activity: 2436
Merit: 343
November 29, 2021, 06:43:30 PM
#12
And these rich people, big companies will start making their journey in crypto like what they did in the stock market. As they now see that this has become a profitable and growing investment, they take advantage of it. They have the money and market knowledge which enough for them to start and they will keep buying as long as they can.

And as Microstrategy buys more, the more they will extend their power in crypto. As expected, they'll become more aggressive this time.
legendary
Activity: 3164
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Leading Crypto Sports Betting & Casino Platform
November 29, 2021, 06:34:04 PM
#11
I wonder why every time they buy bitcoin they need to tell the whole world that they buy bitcoin? Oh I know, they do this to encourage other people to buy and the price goes up again and they make a profit. imagine if the price of bitcoin drops to $25000? Will they buy more bitcoin again and how will they get high profit using their strategy? are they thinking that the price will reach over $100,000?
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
November 29, 2021, 05:28:59 PM
#10
MicroStrategy keeps on counting the number. Once again this time with a big number. It keeps adding the bitcoin holding to its reserve, making use of every dip. Following this other corporate firms will also start doing the same. This isn't surprising as said, but it keeps doing big thing. Right now it holds about 0.58% of bitcoin's circulating supply. This makes them strong holder of Bitcoin. It has bought at an average price of $26769, and if the market price reaches $100k just think it's holding volume growth. This is just amazing.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
November 29, 2021, 04:38:47 PM
#9
Good news but not surprising at all as they have been buying bitcoin ever since. Just like El Salvador who would announce anytime that they bought bitcoin again at dip to take advantage of the cheap price, these are news that will not create hype anymore but would educate the investors that a dump is not always bad, instead, an opportunity for the smart investors to buy.
legendary
Activity: 3024
Merit: 2148
November 29, 2021, 04:30:59 PM
#8
Let's be real here, some day Bitcoin will enter a bear market similar to the crypto winter of 2018, and Microstrategy together with Nayib Bukele will look stupid for buying the dip that keeps dipping and dipping. Buying Bitcoin every single time it falls is really not the smartest strategy, the best strategy is to buy a lot of coins at the bottom of bear market and sell them and the height of bull market.

If you already bought Bitcoin when it dropped to $30k earlier this year, why buy it again now during a correction? Could have just bought more back then and had more unrealized gains now. I'm sure that their "buy the dip" campaign is just a way to influence the market and stop Bitcoin from falling, because they are very deeply invested in it.
hero member
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November 29, 2021, 04:25:46 PM
#7
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's not new if it's from Microstrategy.

They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip.

But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
Yes, good for them they are doing this since 2020, holding a total balance over 3,5$ billion dollars in bitcoin. Microstrategy adopted bitcoin as treasury reserve asset due to the irresponsible action of governments during the pandemic which intensified money printing to stimulate the economy artificially and to give emergency welfare packages to every citizens in need.

Knowing how fiat currencies are going to increase its devaluation process for that reason (the global traditional economy is messed up), bitcoin became an interesting option for protecting their funds on long run. And I believe Microstrategy will keep buying more bitcoins yet.
hero member
Activity: 2212
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Top Crypto Casino
November 29, 2021, 04:15:16 PM
#6
Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time.
Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.

If the big boys are buying rather than selling, that should tell you of what's to come for Bitcoin. The objective price for this bull run is $100K and bitcoin is around 80% - 95% away from that price target so they see the current price as an opportunity. I used to think $20K was too high for Bitcoin back in 2017 but it had stayed above $20K for nearly a year now.  Microstrategy is a firm that knows what they are doing. Thru won't buy unless they know the market would appreciate.
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
November 29, 2021, 04:06:58 PM
#5
And they are going to keep buying at these prices. We don't know at what USD / BTC ratio they would start aggressively selling off, but we have to assume it's well above where we are now in terms of pricing. I don't seem them getting out anytime soon. They seem to buy more on the dips, but keep buying no matter what.

-Dave

hero member
Activity: 3038
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November 29, 2021, 04:04:19 PM
#4
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's not new if it's from Microstrategy.

They're always waiting for the dip to buy and it's just they've done that lately because there's no news about them purchasing bitcoins during the dip.

But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
legendary
Activity: 1288
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Goodnight, o_e_l_e_o 🌹
November 29, 2021, 04:02:05 PM
#3
Personally, Bitcoin has done very well from last year till now. It made good twice bull run. And it is already high now. I am personally not sure if bitcoin will be going up the more any moment. So, maybe we need more whales to be buying at this time.
Yet, buying at high in a trusted coin is better than buying some random shitcoins without clear road map.
legendary
Activity: 3304
Merit: 1617
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hero member
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Top Crypto Casino
November 29, 2021, 03:28:38 PM
#1
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
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